JD.com finds success through engaging in mobile commerce

JD dot com mobile commerce

JD.com IPO raises $1.78 billion from US investors American investors may be strongly interested in Chinese Internet companies, thanks to the recent success of JD.com’s IPO. JD.com is an e-commerce organization based in China, which launched an initial public offering recently to great success. The IPO raised some $1.78 billion for JD.com, which exceeded the company’s expectations by a significant margin. The warm reception that JD.com has received may bode well for other Chinese companies that are preparing to launch their IPOs in America. Chinese retailers engaging mobile consumers are…

Read More

Tencent purchases stake in JD.com to further mobile commerce endeavors

mobile commerce trend interest

Tencent purchases 15% stake in JD.com, aims to compete with Alibaba more aggressively Tencent, one of the largest Internet organizations in China, has announced that it will purchase a 15% stake in JD.com, a prominent e-commerce firm. The move comes as Tencent prepares to compete with Alibaba more aggressively. Both Tencent and Aliabab have plans to dominate the mobile commerce field, and both intend to fight for that position. Tencent’s stake in JD.com may help give it the edge over Alibaba in the near future. E-commerce firm continues to attract…

Read More